Medical Construction Project Activity - July 2017 Recap

Posted On Friday, August 4, 2017 by Robert Smith

SalesLeads's research team identified 93 new planned medical and healthcare construction projects during the month of July 2017. Below are a few of highlights on some of the major projects throughout the United States and Canada.

Most New Medical Construction Projects:

California led the way with 11 new planned medical construction projects. Followed by New York with 9, and Texas with 8 new projects.

Most Active Company

Davita Healthcare Partners was the most active company, with 2 new projects in the planning stages located in the Cleveland, OH and Buffalo, NY areas.

Largest Planned Project:

During the month of June, our research team identified 3 new medical construction projects with an estimated investment value of $100 million or more. The largest planned project is owned by Marin General Hospital. The healthcare services provider is investing $534 million for an expansion at their hospital in GREENBRAE, CA by 260,000 sf. Completion is slated for early 2020.

Healthcare services provider is planning for the renovation of a recently leased 110,000 sf office facility at 10 Columbus Blvd. in HARTFORD, CT. They plan to relocate their administrative operations upon completion in Fall 2017.

FLORIDA:

Hospital is planning for the construction of a medical office facility in NORTH VENICE, FL. They are currently seeking approval for the project.

ILLINOIS:

Specialty healthcare provider is expanding and has recently agreed to lease office space at 5725 N. Broadway in CHICAGO, IL. They will relocate in late 2017.

KENTUCKY:

Biotechnology company is considering investing $6 million for the establishment of a regional laboratory facility in LOUISVILLE, KY. Watch SalesLeads for updates.

MASSACHUSETTS:

Healthcare services provider is planning for the construction of a 7,400 sf medical and office facility in FITCHBURG, MA. They are currently seeking approval for the project.

MINNESOTA:

Urgent healthcare services provider is planning for the construction of a 5,000 sf medical and office facility on a recently acquired site in ROCHESTER, MN.

NORTH CAROLINA:

Healthcare services provider is planning to invest $28 million for the construction of a 69,000 sf medical facility at 2475 Hillcrest Center Circle in WINSTON-SALEM, NC. They will relocate operations from their Forsyth Medical Center in WINSTON-SALEM, NC upon completion in Fall 2018.

OHIO:

Healthcare service provider is planning to invest $26 million for the expansion, renovation, and equipment upgrades at their medical facility in COLUMBUS, OH. Construction is expected to be completed in Fall 2019.

WISCONSIN:

Dental service provider is planning to invest $2 million for the construction of a 6,000 sf medical and office facility in SLINGER, WI. Construction is expected to start in Sept. 2017. They plan to relocate upon completion in Feb. 2018.

About SalesLeads:

Since 1959, SalesLeads, based out of Jacksonville, FL, has been providing medical construction data on companies that are planning significant capital investments in their commercial facilities throughout North America. Our professional research team focuses on identifying new construction, expansion, relocation, major renovation, and major capital improvement project opportunities so our clients can focus on selling to companies with an impending need for their products or services.